Green Transition Holding logo icon

Ecvio, a subsidiary of Green Transition Holding: Secured large framework agreements with Hafslund Oslo Celsio and Returkraft

Jul 06, 2022

OSLO – July 6 th 2022 – Ecvio AS, which is a wholly-owned environmental technology subsidiary of Green Transition Holding AS, has signed framework agreements with Hafslund Oslo Celsio AS and Returkraft AS, Kristiansand, respectively.

“This is both strategically important and a breakthrough for Ecvio and Green Transition Holding. We started our investment in refractory work only a year ago and Ecvio has landed two major contracts with two of the key players in waste incineration in Norway, helping to ensure the supply of green district heating to Kristiansand and Oslo”, says CEO Paal Skoe, Green Transition Holding.

Technology and competence are of the highest class

Ecvio is a newly established company built up of people with strong professional competence and many years of experience in refractory, mechanical products and systems. Ecvio aims to be a leader in the design, development, construction, and operation of green energy plants.

“Winning contracts with some of the largest waste incineration plants in Norway shows that our technology and expertise is of the highest class. Furthermore, we will expand and introduce the engineering, mechanical and installation services within the renewable energy sector to be a total service provider. Ecvio is showing its capabilities and we are actively working towards more frame agreements in the future. The goal is to become a total supplier of technology within Energy from Waste”, says sales director Marcus Kingdom-Clark, Ecvio.

The latest signed framework agreement for Ecvio is with Hafslund Oslo Celsio, which owns and operates Norway’s largest waste incineration plant at Klemetsrud, Oslo. The plant has the capacity to finalize 365,000 tonnes of residual and industrial waste per year. The surplus energy from the combustion process is used to produce electricity and district heating for commercial buildings, public buildings, and homes, throughout Oslo. In this way, waste that could otherwise end up in a landfill outside the Nordic region is recovered for energy, therefore waste incineration plays an important role in the circular economy. The service agreement for Ecvio began in May 2022 and has a maximum duration of up to six years. The agreement covers maintenance of the refractory, with an annual overhaul stop, and service and maintenance assignments in the event of an accident or emergency stop on the plant’s three furnaces. The service and maintenance assignment means that Ecvio is on duty 365 days a year, 24 hours a day.

“In the event of an accident or emergency stop, we guarantee a fast response time, with qualified workers with top expertise on site to assist our customer”, says Kingdom-Clark.

The best total solution

Since August 2021, Ecvio has had a framework agreement with Returkraft, Kristiansand, which owns Norway’s largest incinerator where around 130,000 tonnes of waste is incinerated each year. The incineration produces electricity for 5,000 households and district heating for 200 companies and 3,000 households, and as much as 63 per cent of the energy in the waste is recovered at Returkraft. The contract has a duration of up to four years and includes maintenance of the refractory with an annual shutdown and on-call duty in the event of an accident or emergency stop. Ecvio is also on duty here all year round and is ready in the event of an accident.

“Achieving both these contracts required a long and tough competitive tender process. Ecvio secured these contracts by being able to offer the best total solution based on quality, competence, and price”, says Skoe.

For more information, please contact:

Paal Skoe, CEO Green Transition Holding
Email: paal.skoe@green-th.com

Phone: +47 971 33 431

About Ecvio

Ecvio is a wholly-owned subsidiary of Green Transition Holding that works in the renewable energy sector. The goal is to build up a company that is a total supplier of turnkey bio and waste energy plants, and to be a significant service and spare parts provider for these plants.

About Green Transition Holding

Green Transition Holding (GTH) is an industrial and environmental technology company. Our mission is to develop and commercialize innovative technologies that improve the sustainability of industries. We aim to do this through reducing emissions, improve efficiency, and minimize the environmental footprint of these operations.

GTH was listed on the NOTC list in December 2020 and holds the ticker code GTH.

25 Jan, 2024
Varme Energy Inc., a subsidiary of GTH, has signed a waste agreement with the City of Edmonton. Scheduled to start by 2027, the initiative aims to divert 150,000 tonnes of residential waste from landfills each year. The project will see the construction of an advanced waste-to-energy facility in Edmonton, focused on sustainable waste management, energy generation and CCS.
01 Nov, 2023
(Oslo, 1st November 2023) Carbon Circle AS has secured an equity investment from Amplus Energy Services Ltd. in the UK.
25 Oct, 2023
Finnish consulting and engineering company Elomatic makes equity investment in Varme Energy Canada
10 Aug, 2023
Carbon Circle has been awarded the EPC contract for world's first post combustion carbon capture unit for FPSO by Yinson Porduction
28 Apr, 2023
Exciting Milestones & Opportunities Ahead
20 Dec, 2022
OSLO – Dec 20, 2022 – Green Transition Holding (GTH) has signed an agreement to sell its 49% ownership Green Bio, a bio energy development and asset owning company. Green Bio was established in 2021 to develop a bio energy district heating platform in Norway. Following a year and a half of development, GTH has decided to divest its shareholding. Today Green Bio owns ten operating bio energy plants, with a yearly production of about 20 GWh, as well as one large greenfield project under development. “This has been a successful journey for GTH, developing the Green Bio platform and generating value for both GTH and the other shareholders over the last year and a half. We would like to thank Partner Energy for the partnership and wish them all the best for future growth.” says Paal Skoe, CEO GTH. GTH will use the proceeds from the transaction to further invest in the energy transition.
20 Dec, 2022
GTH subsidiary Varme Energy continues to build movement in the region with an agreement that establishes a working relationship to develop a waste-to-energy facility with carbon capture and storage
25 Nov, 2022
EDMONTON, Alberta - November 24, 2022 - Neyaskweyahk Group of Companies and Edmonton-based Varme Energy, a subsidiary of GTH, have announced a Joint Working Agreement to collaborate to fund and construct the first waste-to-energy facility in Alberta. Working through their Corporate Division, Neyaskweyahk Group of Companies, Ermineskin Cree Nation is exploring investment in Varme-run waste-to-energy projects throughout Alberta, including major new facilities. Ermineskin Cree Nation, located just south of Wetaskiwin, is eager to explore the opportunity to invest in leading-edge facilities that will create jobs, reduce emissions, generate energy, and shrink landfills, using technology that has had decades of success in Europe. “Our nation is focused on building a strong and vibrant economy that will support our families for generations to come. We’re looking forward to working in partnership with Varme Energy to identify investment opportunities that support bringing waste-to-energy technology to Canada at scale.” – Maureen Ward, CEO, Neyaskweyahk Group of Companies. Varme Energy is the Canadian subsidiary of Green Transition Holdings, a Norway-based company with extensive experience developing waste-to-energy facilities in Europe. Varme Energy is bringing that wealth of experience to Canada to develop leading edge waste-to-energy facilities with carbon capture and storage that can generate energy and feed district energy systems while eliminating methane emissions from landfills. “This technology has been tested and proven in Europe for decades – it’s time for Canada to catch up if we hope to meet our national emissions targets. Ermineskin Cree Nation is a fantastic partner for our company, and we look forward to developing our partnership and vision as we move forward together. ” – Sean Collins, CEO Varme Energy. This Joint Working Agreement is an exciting step forward for these collaborative partners to create economic opportunity and reduce emissions from waste and eliminate the need for landfills. For more information from Neyaskweyahk Group of Companies , please contact Maureen Ward at Maureen@ngcinc.ca . If you would like more information about Varme Energy and waste-to-energy, please contact Varme CEO Sean Collins at sean@varme.ca . For full press release please see: https://www.businesswire.com/news/home/20221123005163/en/Ermineskin-Cree-Nation-and-Varme-Energy-Announce-Working-Committee-to-Invest-in-Alberta%E2%80%99s-First-Waste-to-Energy-Facilities
13 Oct, 2022
Private Placement Successfully Placed
21 Aug, 2022
Private Placement in newly established GTH subsidiary Carbon Circle completed
More Posts
Share by: